BAE Systems

Yoga on ice: India to offer classes during Davos summit

NEW DELHI (Reuters) - Indian Prime Minister Narendra Modi’s delegation to the World Economic Forum at Davos will offer yoga classes on the icy slopes, the foreign ministry said on Friday, the latest high-profile attempt to promote India’s traditions abroad.<p>India aims to showcase its potential as a …

India

'PM to apprise world leaders of reforms, investment readiness'

New Delhi, Jan 19 (PTI) Prime Minister Narendra Modi will impress upon world leaders at WEF in Davos next week that India is an open economy and …

India

F-35 'incomparable' to Harrier jump jet, top test pilot tells El Reg

<b>Interview</b> What's it like to fly an F-35 fighter jet? We interviewed the chief British test pilot on a uniquely British flying technique – and then …

Aerospace

Hackers are attacking the electric grid

And computer scientists are trying to stop them.<p>Last September, news broke that hackers had laid siege to the U.S. power grid, probing deep into dozens of energy firms, looking for weaknesses to exploit. The Department of Homeland Security issued a threat warning about an ongoing stream of malware …

Cybersecurity

BAE Systems Wants Its New Microwave Close-In Weapon System Concept On US Navy Ships

Being able to zap the electronics of incoming boats, aircraft, drones, and missiles is clearly an attractive if not game-changing naval …

War

Britain should take inspiration from Norway's principled stance on the UAE

Norway's recent announcement to suspend arms sales to UAE will no doubt anger a number of British ministers who would like to keep Britain's …

Middle East

Norway wealth fund bans 9 groups, including BAE Systems

The British defence group, along with the US firms Aecom, Fluor and Huntington Ingalls Industries have been banned for producing components to build …

Norway

BAE ditched by Norway's $1 trillion investment fund over nuclear weapon concerns

Defence group BAE Systems has been “excluded” from investment by Norway’s $1 trillion sovereign wealth fund for ethical reasons.<p>Norges Bank Investment Management (NBIM) said BAE had been dropped from investment status by the state pension fund it runs because of the company’s “involvement in the …

Norway's massive sovereign wealth fund sells out of BAE Systems and eight other companies in an ethics push

Norway's massive $1.1 trillion (£777bn) sovereign wealth fund has pulled its investment in UK defence company BAE Systems, as it continues an ethical …

After Carillion how many firms can the pensions lifeboat rescue?

The Pension Protection Fund can absorb the firm’s liabilities but the spotlight is now on others with big pension deficits<p>The pensions lifeboat that comes to the rescue when firms go bust is about to get a lot more crowded following the collapse of Carillion.<p>The sprawling construction and …

Royal Dutch Shell

Turkey, UK officials meet over status of Turkish jet program

ANKARA, Turkey — Top officials from Turkey have met with a high-profile British delegation to discuss ways to go forward with plans to design, …

Aerospace

As Cyber Threats To The Electric Grid Rise, Utilities And Regulators Seek Solutions

The U.S. electric grid is increasingly dependent on the internet for operations, and as a result it is also increasingly susceptible to cyberattacks. It doesn’t take much imagination to see how such attacks might cripple a broad swath of the U.S. economy. When U.S. military planners developed their …

Cybersecurity

Norway's sovereign fund excludes nine more firms on ethics grounds

OSLO (Reuters) - Norway's $1.07 trillion sovereign wealth fund has excluded nine more companies from its portfolio based on breaches of its ethical investment criteria, the Norwegian central bank, which manages the fund, said in a statement on Tuesday.<p>Evergreen Marine Corp (Taiwan) Ltd, Korea Line …

MEPs target exports of cyber surveillance tech

German companies are said to be among Europe's biggest exporters, with clients in places like Pakistan, Russia, Saudi Arabia and Turkey.<p>Klaus …

European News

Turkey Wants to Link Its F-35 Computer Brains to Networks That Will Include Russian Systems

Turkish and American authorities are both worried about military secrets leaking out, but for very different reasons.<p>Lockheed Martin<p>The Turkish …

Military

London cyber security careers fair highlights opportunities

Cyber security is a viable and interesting option for anyone interested in the field, as either a starter career or a mid-career alternative.<p>The …

Cybersecurity

@MACHexhibition Manufacturing Technologies Association and its members pledge their support to the Year of Engineering #Theyearofengineering

The Manufacturing Technologies Association (MTA) have thrown their support behind The Year of Engineering.<p>The Year of Engineering is a Government …

Engineering

Surface Navy 2018: BAE Systems offers a single missile launcher for US surface fleet | Jane's 360

Key Points<p>BAE Systems’ ADL can launch the same missiles as the Mk 41 VLS<br>• ADL could enable LCS and FFG(X) to fire multiple variants of missiles<p>BAE …

Military

These Are The 10 Companies That Dominate the Global Arms Trade

<b>The world puts $1.69 trillion towards military expenditures per year,</b> and about $375 billion of that goes towards buying arms specifically.<p>Whether it …

Italy

Airbus in talks to settle German Eurofighter probe

Airbus is in talks with Munich prosecutors to settle a long-running investigation into the allegedly fraudulent €2bn sale of Eurofighter jets to …

Tom Enders

City heavyweights call for action on diversity

Britain's most powerful business leaders are calling for greater action on gender diversity and workplace sexism in the run-up to new pay gap reporting rules coming into force.<p>Boardrooms across the UK have been warned that they need to get tougher on gender inequality or face severe reputational …

Diversity

My Investment Performance In 2017: A Very Long Review

<i>2017 was another year of above average investment returns in what is now a very old bull market.</i><p>As with previous year-end reviews, I'll review my …

Investing

Carillion shares plunge as rescue talks drag on

LONDON (Reuters) - British building and services company Carillion (CLLN.L) remains in “constructive discussions” with its creditors and suggestions they have rejected its business plan are incorrect, the company said on Friday.<p>Carillion shares earlier plunged 30 percent to a new low after Sky News …

Brexit

OPINION: BAE research project promises stealth advance

Most of the magic in stealth aircraft design is created by geometry. By shaping an aircraft surface to reflect transmitted radio waves away from …

Aerospace

Could £7bn offer prompt engineering giant GKN to split in two?

GKN, the car parts and aero-engineering group, is contemplating the radical move after rejecting a £7bn takeover approach from turnaround specialist …

Scotland

Paladin: What's Right and Wrong With Army Modernization

In 1963, the U.S. Army introduced the M109A1 155mm turreted self-propelled howitzer (SPH), called the Paladin. An artillery piece that could keep up …

War

Navy has no plan to introduce new ammo for Zumwalt destroyers

ARLINGTON, Va. — It’s been more than a year since the Navy decided to cancel procurement of an expensive new ammunition for its Zumwalt-class …

Military

Carillion shares fall as market awaits news on financing deal

© Reuters. Carillion shares fall as market awaits news on financing deal<p>Jan 11 (Reuters) - Shares in debt-laden British building and services company …

US approves anti-ballistic missile sale to Japan amid North Korea threat

WASHINGTON (Reuters) - The US government has approved the sale of anti-ballistic missiles to Japan to defend itself against a growing nuclear and missile threat from North Korea, a State Department official said on Tuesday.<p>News of the sale comes as North and South Korea hold their first talks in …

North Korea

New Drone Has No Moving Control Surfaces

Researchers at BAE Systems and The University of Manchester successfully test-flew an experimental unmanned aerial vehicle with no moving control …

Aerospace